Growing Residential and Industrial Infrastructure Will Quicken the Growth of the Global Energy Management Systems Market

According to a new market research report launched by Inkwood Research, the Global Energy Management Systems Market is anticipated to rise at a CAGR of 16.20% in terms of revenue from 2022 to 2030, generating $35278.22 million by 2030.

Browse 72 market data Tables and 56 Figures spread over 246 Pages, along with an in-depth analysis of the Global Energy Management Systems Market by Product Type, Component, Vertical, & by Geography.

This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

Here's a link to our Country Report Summary:
https://inkwoodresearch.com/reports/united-states-energy-management-systems-market/
The United States energy management systems market is anticipated to advance with a CAGR of 15.45% during the forecasting period, reaching a revenue share of $6009.25 million by 2028.

Global Energy management systems Market Scenario

Energy management systems (EMS) use energy measurement data from facilities, making them available to users through diverse methods, including energy quality analyzers, graphics, and online monitoring tools. The global market growth is propelled by surging energy concerns, the increase in residential and industrial infrastructure, as well as rising investments in energy efficiency.

The expenditure on construction activities is on the rise rapidly. Moreover, with the growing population, residences are proliferating, and industrial development is observing a rising trend, as well. In this regard, both residences, as well as industries require electricity for everyday tasks, with space heating and cooling representing the highest sources of electricity consumption. As a result, there is an increased need to manage energy in order to facilitate lower operation costs and conserve electricity. Hence, the rise in residential and industrial infrastructure is set to fuel the demand for energy management systems, thus augmenting the market's growth.

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Market Segmentation

Market by Product Type:
• Industrial EMS
• Building EMS
• Home EMS

Market by Component:
• Hardware
o Sensors
o Actuators
o Controllers
o Thermostats
o Other Hardware Components
• Software
• Services
o Monitoring & Control
o Implementation & Integration
o Maintenance
o Consulting & Training

Market by Vertical:
• Telecom & IT
• Manufacturing
• Retail & Offices
• Power & Energy
• Healthcare
• Other Verticals

Report Highlights:
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2030, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2030

Companies Profiled:
• SIEMENS
• ROCKWELL AUTOMATION INC
• HONEYWELL INTERNATIONAL INC
• GRIDPOINT
• SCHNEIDER ELECTRIC
• GENERAL ELECTRIC COMPANY
• ENERGY HUB
• JOHNSON CONTROLS
• IBM CORPORATION
• ENEL X
• EMERSON
• EATON
• UPLIGHT
• DEXMA
• CISCO SYSTEMS
• C3.AI
• BROADCOM

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This release was published on openPR.